michelle obama is expected to attend a funeral tomorrow in chicago of a 15-year-old girl who performed with her high school band at president obama's inauguration. hadiya pendleton was shot near a playground outside her home more than a week ago. police say she was not the intended target. a $40,000 reward is offered for information leading to her killer. >>> on the "cbs moneywatch" now, a major investor sues apple, plus americans step up borrowing. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning, anne-marie. most asians saw profit margins. tokyo's nikkei rose 2% snapping a 12-week winning streak while hong kong's hang seng gained a fraction. concerns about troubled economy pushed wall street stocks lower. the dow jones industrial average lost 42 points thursday. the nasdaq fell 3 points. >>> green lite capital, a major investor in apple is suing for stockpiling cash. apple has about $137 billion in cash. greenlight wants the money given to shareholders. apple is still the world's most valuable company, but its stock has l

makes clothes that fit me orr even first lady michelle obama appeared live from washington in a silver gown by indian born american designer but others braved the boldest colors possible. >> carrot red, that bright rich red is going to be so popular. >> reporter: jane fonda in that yellow versace. can we take a moment. it's like, wow, girl, you get it. >> reporter: what ends up on the red carpet inspires more affordable fashion designs that hits the stores within months. >> every store from walmart to target and they'll then copy the dresses. >> reporter: and for the first time ever, the red carpet was lined with sketches of vintage oscar-winning costumes. a nod to fashion that never goes out of style. teresa garcia, cbs news, los angeles. >>> some memorabilia from "the miracle on ice" was auctioned off saturday more more than a million dollars. the jersey mike eruzione wore when the men's u.s. olympic hockey team beat the soviet union in 1980 sold for more than $650,000. eruzione scored the winning goal and the stick went forever over $263,000. >>> co

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